SB697
Retail Sales and Use Tax; dealer discount.
Status:
Killed
Latest Action:
Jan. 28, 2026
Senate: Passed by indefinitely in Finance and Appropriations (10-Y 4-N)
Chief Patron:
Tammy Mulchi (R)
Session:
2026 Regular Session
Summary
As Introduced. Sales and use tax; dealer discount.
Provides that the state retail sales and use tax dealer discount percentages allowed from the first three percent of such tax imposed shall be (i) eight percent for monthly taxable sales between $0 and $30,000; (ii) four percent for monthly taxable sales between $30,001 and $62,500; (iii) 1.2 percent for ... (More) monthly taxable sales between $62,501 and $208,000; and (iv) 0.8 percent for monthly taxable sales of $208,001 and above. (Less)-
Bill History
- 01/14/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26100518D
- 01/14/2026 - Senate: Referred to Committee on Finance and Appropriations
- 01/26/2026 - Senate: Fiscal Impact statement From TAX (1/26/2026 11:29 pm)
- 01/28/2026 - Senate: Passed by indefinitely in Finance and Appropriations (10-Y 4-N)
